MLS® C8073633

Fine Dining Restaurants for Sale — North Vancouver, BC

$150,000

175 W 3RD STREET, North Vancouver, BC V7M0G5

95
Walk Score
63
Transit
72
Bike
Walk Score® by Redfin
Restaurant
Type
900 square feet
Floor area
900 square feet
Lot size
95
Walk Score
63
Transit
72
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
C1
Lot dimensions
900

From the listing remarks

Rent (stated)
$4,500/mo

Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.

Listing Information

MLS®
C8073633
Listed
November 5, 2025
Time on market
313 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Presenting an opportunity to acquire a high-end, turnkey restaurant business of Sushi Mahana, an acclaimed omakase-style Japanese restaurant situated in the vibrant Lower Lonsdale area. Sushi Mahana has earned a loyal clientele and outstanding reputation on the North Shore. The premises features a meticulously designed space, including a custom-built sushi bar, elegant lounge area, and a functional sushi kitchen. Ideal opportunity for a skilled chef or hospitality operator seeking to continue a premium, turnkey fine dining concept in one of Metro Vancouver's fastest-growing dining districts. Prime Lower Lonsdale location with excellent street visibility and consistent foot traffic. 900sq. ft. of high-quality restaurant space with premium finishes and Competitive lease rate of $4500 per month . (id:63159)

Financing calculator

Estimate your monthly payment on the $150,000 asking price.

Financing details
Monthly debt service
$1,456
Cash required at close
$55,000
DSCR
Cash-on-cash return (yr 1)

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Location

Local market size (North Vancouver)

Population
146,288(+5.6% since 2016)
Population density
848.1/km²
Median household income
$108,300

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
43.4%
Postsecondary below bachelor's
25.8%
High school diploma
23.2%
No certificate/diploma
7.6%

Population aged 15 and over.

Commute

Car, truck or van
74.5%
Public transit
11.8%
Walked
8.6%
Bicycle
2.3%
Other
2.8%

Commute duration

Under 15 min
28.7%
15–29 min
38.9%
30–44 min
21.1%
45–59 min
6.9%
60+ min
4.4%

Employed labour force with a usual workplace.

Mother Tongue

English66%
Iranian Persian8.2%
Mandarin2.2%
Spanish1.9%
Korean1.8%
Tagalog (Pilipino, Filipino)1.8%
French1.5%
Yue (Cantonese)1.5%
German1.2%
Russian0.7%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • V-Nam33m
  • Sushi Kumo · 180 East 2nd Street56m
  • Alloz Grill · 149 East 3rd Street102m
  • South Castle Korean Restaurant · 141 East 2nd Street127m
  • Coral Court Szechuan Cuisine · 137 East 2nd Street131m

Cafes (5+)

  • West of Java Cafe271m
  • 49th Parallel Coffee Roasters · 93 Lonsdale Avenue307m
  • Forecast Coffee · 288 East Esplanade356m
  • InTea · 129 East Esplanade365m
  • Tim Hortons · 132 West Esplanade413m

Grocery (1)

  • Fresh St. Market · 150 West Esplanade516m

Shopping (1)

  • Lonsdale Quay Market · 123 Carrie Cates Court553m

Parks (5+)

  • Unnamed100m
  • Unnamed161m
  • Derek Inman Park203m
  • Katsalánexw Park384m
  • Jack Loucks Court417m

Gyms (5+)

  • Pilates from the Center · 157 East 1st Street193m
  • Salted Cycle · 119 East 1st Street246m
  • Lagree West · 117 East 1st Street261m
  • Vibe Lng · 111 East 1st Street276m
  • Oxygen Yoga & Fitness562m

Pharmacies (5+)

  • Balanced Health · 135 Lonsdale Avenue261m
  • Pure Integrative Pharmacy · 88 Lonsdale Avenue292m
  • Anderson's Pharmacy · 127 West 3rd Street315m
  • Pharmasave · 123 West Esplanade440m
  • Shoppers Drug Mart · 150 West Esplanade492m

Banks & ATMs (5+)

  • Bitcoin ATM Localcoin · 125 West 3rd Street310m
  • BMO334m
  • Scotiabank · 129 West Esplanade447m
  • TD Canada Trust · 180 West Esplanade548m
  • Unnamed604m

Healthcare (5+)

  • Capilano Medical Clinic · 125 West 2nd Street307m
  • MedView · 126 West 3rd Street319m
  • Nuevo Medical & Skin Lab · 131 West 1st Street386m
  • Dermapure · 121 West Esplanade432m
  • Foundry North Shore · 211 W. West 1st Street588m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Westbound E 3rd St @ St. Georges Ave39m
Eastbound E 3rd St @ St. Georges Ave85m
Eastbound E 3rd St @ Lonsdale Ave175m
Northbound Lonsdale Ave @ E 2nd St213m
Southbound Lonsdale Ave @ W 3rd St231m
Southbound Lonsdale Ave @ W 3rd St234m

Frequently asked questions

What is the asking price for this fine dining restaurant?

The asking price is $150,000.

Where is this business located?

This listing is located in North Vancouver, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.